PBOC Unveils New Method to Auction its One-Year Loans to Banks [Yahoo! Finance Canada]

OVERSEAS CHINSE UNSP/ADR (OVCHY)
NASDAQ:AMEX Investor Relations:
coli.com.hk/en/ir
Company Research
Source: Yahoo! Finance Canada
Most Read from Bloomberg The People's Bank of China announced in a statement that from Tuesday banks will be able to bid for different prices on its one-year loans. Qualified lenders will be able to pay different interest rates for the loan, which will come in a fixed amount each month, according to the statement. The shift will better meet the diversified need of financial institutions and maintain ample liquidity in the banking system, the PBOC said. The change comes as the PBOC moves to downplay the previous role of MLF as the main policy rate. Over the past year, the bank has shifted to a simpler framework, where the seven-day reverse repo rate has became the key lever to signal policy direction. “The fixed volume, auction by bi
Read more
Impact Snapshot
Event Time:
OVCHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OVCHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OVCHY alerts
High impacting OVERSEAS CHINSE UNSP/ADR news events
Weekly update
A roundup of the hottest topics
OVCHY
News
- Indonesian Rupiah Falls to Lowest Since Asian Financial Crisis [Yahoo! Finance Canada]Yahoo! Finance Canada
- Flight to safety and central bank buying could lift gold to $3,100 by year-end, says CIO [CNBC]CNBC
- Gold rises to record on Middle East tension, U.S. economy concerns [BNN Bloomberg (Canada)]BNN Bloomberg
- Tech could still come back into play, AI boom here to stay, says strategist [CNBC]CNBC
- Dollar dithers as safety bid flows to the yen [CNBC]CNBC